House Sponsors: BURKE. Short description: PHARMACEUTICAL DRUG PRICE CAP Synopsis of Bill as introduced: Creates the Pharmaceutical Drug Price Cap Act. Provides that annual retail price increases for pharmaceutical drugs in Illinois shall be limited to a rate of 5% for a period of 5 years from the effective date of this Act. Effective January 1, 2000. Last action on Bill: SESSION SINE DIE Last action date: 01-01-09 Location: House Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0 END OF INQUIRY Full Text Bill Status